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Genesis Energy Limited (NZSE:GNE) will increase its dividend on the 1st of April to NZ$0.099. This makes the dividend yield 6.9%, which is above the industry average.
View our latest analysis for Genesis Energy
Genesis Energy Is Paying Out More Than It Is Earning
If the payments aren't sustainable, a high yield for a few years won't matter that much. Based on the last payment, the company wasn't making enough to cover what it was paying to shareholders. Without profits and cash flows increasi...
>>> Read more: Genesis Energy (NZSE:GNE) Is Increasing Its Dividend To NZ$0.099
View our latest analysis for Genesis Energy
Genesis Energy Is Paying Out More Than It Is Earning
If the payments aren't sustainable, a high yield for a few years won't matter that much. Based on the last payment, the company wasn't making enough to cover what it was paying to shareholders. Without profits and cash flows increasi...
>>> Read more: Genesis Energy (NZSE:GNE) Is Increasing Its Dividend To NZ$0.099
